Scenario on track, but beware of support at 18200-17600

2022年9月7日

Dump as expected. Gann Fan supports as predicted (see the related idea and the image below).
Except for the minor upside (20130) smaller than expected (20400+), the overall scenario is right on track.
The macro downtrend would persist, but we would see a short-term rebound at the support zone around the previous low.
Check 18200 and 17600. (Previous low and the crosspoint between the parallel channels on the weekly chart.)

2022年9月7日

註釋

Given the descending wedge (blue), a strong rebound is likely if the price fails to break the previous low.